This week I was looking at the shares of LVMH, a group that manufactures and sells luxury goods and has several well-known companies under it. The current share price doesn't look bad to me at all and the stock has been rising very nicely over the long term. How do you feel about this company and do you have $MC.PA stock in your portfolio?
https://zpravy.aktualne.cz/zahranici/za-spatne-obleceni-pokuta/r~ad69f8be56e511ee9ae20cc47ab5f122/ I came across this article a while ago which relates to my comment where I fear China is turning away from capitalism to somewhere it was a few decades back. With Xi trying to promote nationalism and national pride, one day the law may well be that it will basically mean "buy only Chinese products or we'll send you to jail".
What stocks have you been thinking about most recently in terms of potential investments? What are you planning on buying?
We're closed tomorrow, so give tips on something to analyze, for all of us. :) Personally, I'm watching and will most likely be buying $MC.PA and $CVS.
Investors, how do you feel about $MC.PA and $CDI.PA? I find them to be a great investment, but the price tag is quite high, luxury brands whether clothing, alcohol, etc. will be with us forever and having customers from the 1% richest people in the world has its benefits too. How do you view these stocks? Do you own them?
It's a great business and I would love to include $MC.PA stock in my portfolio, but the stock is currently expensive. Thus, I will wait for some downside.
The luxury fashion sector anticipates further growth in 2023, with reports projecting a 5-10% expansion by year-end. Factors contributing to this growth include increased disposable income among luxury consumers and an even more significant shift towards online shopping.
The American luxury goods market leads in annual revenue, accumulating approximately 65 billion U.S. dollars... Read more
Anyone here invest in $MC.PA? Alternatively, what is your view on this company ? I have done my analysis and have been investing regularly since about December.
https://zpravy.aktualne.cz/zahranici/za-spatne-obleceni-pokuta/r~ad69f8be56e511ee9ae20cc47ab5f122/ I came across this article a while ago which relates to my comment where I fear China is turning away from capitalism to somewhere it was a few decades back. With Xi trying to promote nationalism and national pride, one day the law may well be that it will basically mean "buy only Chinese products or we'll send you to jail".